CRRC Corporation Limited logo

CRRC Corporation Limited

1766.HK

HKSEIndustrialsRailroads

Latest quote

HK$5.23

−HK$0.01 · -0.19%

Aug 24, 2:02 PM HKT

1766.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

CRRC Corporation Limited, along with its associated entities, operates globally and throughout Mainland China, focusing on the research, design, production, sale, restoration, maintenance, and leasing of railway locomotives and various types of rolling stock. Their extensive product range includes electric and diesel locomotives, high-speed trains (EMU and DMU), subway cars, light rail vehicles, passenger coaches, freight wagons, and track maintenance machinery. The company also manufactures crucial components such as motors, electrical control systems, vehicle parts, and cast and forged items. Beyond its core railway offerings, CRRC diversifies into other sectors with products like commercial trucks and buses, heavy construction machinery, railway switches, wind power generators, and intelligent industrial equipment. Additionally, it supplies engineering machinery, electromechanical and electronic devices and parts, electrical goods, and environmental protection solutions, complemented by technical support, equipment leasing, information consulting, industry investment and management, asset management, and international trade services. Founded in 2007, the company adopted its current name, CRRC Corporation Limited, in June 2015, having previously been known as CSR Corporation Limited. Its corporate headquarters are situated in Beijing, People's Republic of China.

Industry
Railroads
Sector
Industrials
Headquarters
CN
CEO
Yongcai Sun
Listed since
Aug 21, 2008
Employees
151,602

Market position

Day range

Current HK$5.23

52-week range

Current HK$5.23

Open
HK$5.225
Previous close
HK$5.24
Volume
8.74M
0.42× average
Average volume
20.68M
Average daily volume
Market cap
185.88B HKD
Beta
0.25
Market reference 1
50-day average
HK$4.9329
+6.02% above average
200-day average
HK$5.4842
-4.64% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
182.85B CNY
P/E (TTM)
12.54×
P/B (TTM)
0.84×
P/S (TTM)
0.61×
EV / EBITDA
7.83×
Earnings yield
8.33%
Free cash flow yield
10.47%
Dividend yield
3.78%

Profitability & efficiency

Gross margin
21.21%
Operating margin
5.86%
Net margin
4.89%
Return on equity
7.46%
Return on assets
2.31%
Return on invested capital
3.81%

Financial health

Debt / equity
0.46×
Current ratio
1.18×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%17%10%3%Gross margin, FY2021: 20.57%Gross margin, FY2022: 21.22%Gross margin, FY2023: 22.27%Gross margin, FY2024: 21.38%Gross margin, FY2025: 20.22%Operating margin, FY2021: 5.68%Operating margin, FY2022: 7.17%Operating margin, FY2023: 6.84%Operating margin, FY2024: 6.87%Operating margin, FY2025: 5.47%Net margin, FY2021: 4.56%Net margin, FY2022: 5.23%Net margin, FY2023: 5.00%Net margin, FY2024: 5.03%Net margin, FY2025: 4.84%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.57%. Gross margin FY2022 21.22%. Gross margin FY2023 22.27%. Gross margin FY2024 21.38%. Gross margin FY2025 20.22%. Operating margin FY2021 5.68%. Operating margin FY2022 7.17%. Operating margin FY2023 6.84%. Operating margin FY2024 6.87%. Operating margin FY2025 5.47%. Net margin FY2021 4.56%. Net margin FY2022 5.23%. Net margin FY2023 5.00%. Net margin FY2024 5.03%. Net margin FY2025 4.84%.

Income trends

Revenue

265.07B CNY+7.55%

Operating income

14.5B CNY-14.40%

Net income

12.84B CNY+3.65%
Income trends across reported periods290.55B CNY188.64B CNY86.73B CNY−15.17B CNYRevenue, FY2021: 225.73B CNYRevenue, FY2022: 222.94B CNYRevenue, FY2023: 234.26B CNYRevenue, FY2024: 246.46B CNYRevenue, FY2025: 265.07B CNYOperating income, FY2021: 12.83B CNYOperating income, FY2022: 15.98B CNYOperating income, FY2023: 16.03B CNYOperating income, FY2024: 16.93B CNYOperating income, FY2025: 14.5B CNYNet income, FY2021: 10.3B CNYNet income, FY2022: 11.65B CNYNet income, FY2023: 11.71B CNYNet income, FY2024: 12.39B CNYNet income, FY2025: 12.84B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 225.73B CNY. Revenue FY2022 222.94B CNY. Revenue FY2023 234.26B CNY. Revenue FY2024 246.46B CNY. Revenue FY2025 265.07B CNY. Operating income FY2021 12.83B CNY. Operating income FY2022 15.98B CNY. Operating income FY2023 16.03B CNY. Operating income FY2024 16.93B CNY. Operating income FY2025 14.5B CNY. Net income FY2021 10.3B CNY. Net income FY2022 11.65B CNY. Net income FY2023 11.71B CNY. Net income FY2024 12.39B CNY. Net income FY2025 12.84B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue265.07B CNY246.46B CNY234.26B CNY222.94B CNY225.73B CNY
Cost of goods sold211.48B CNY193.76B CNY182.1B CNY175.63B CNY179.3B CNY
Gross profit53.59B CNY52.69B CNY52.16B CNY47.31B CNY46.43B CNY
Research and development16.27B CNY15.94B CNY14.36B CNY13.13B CNY13.09B CNY
Selling, general, and administrative6.87B CNY7.03B CNY10.03B CNY11.37B CNY10.92B CNY
Operating expenses39.1B CNY35.76B CNY36.13B CNY34.1B CNY33.86B CNY
Interest income1.2B CNY1.41B CNY1.17B CNY986.02M CNY822.49M CNY
Interest expense1.09B CNY52.52M CNY72.55M CNY1.15B CNY1.21B CNY
Depreciation and amortization8.86B CNY8.2B CNY7.68B CNY7.82B CNY7.73B CNY
Operating income14.5B CNY16.93B CNY16.03B CNY15.98B CNY12.83B CNY
Net income12.84B CNY12.39B CNY11.71B CNY11.65B CNY10.3B CNY

Company facts updated Aug 24, 2026.

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